Soluble Fiber Market 2018 To Worth USD 3288.36 Million With Global Key Players - Danisco A/S, Tate & Lyle, Sunopta, Archer Daniels Midland Company, INGREDION

Industry Highlights

According to Market Prognosis, the Global Soluble Fiber Market is accounted for $1500 million in 2017 and is expected to reach $3288.36 million by 2026 growing at a CAGR of 9.1% during the forecast period. The growth of this market is mainly driven by growing awareness about the product benefits in developed economies of North America and Europe, rising instances of constipation and other digestive diseases among the global population and increase in the functional foods industry. However, a harmful effect associated with their over-consumption is expected to hinder the market growth.

North America will be a largest market accounted for the highest shares owing to rapidly increasing health conscious among population and growing rate of digestive problems among the U.S. population. In addition, Asia Pacific will grow at a highest CAGR during the forecast period due to growing income levels in the emerging economies along with quickly increasing urban population which will increase dietary supplements and functional foods demand in the region.

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Market Top Player’s

Some of the key players in the global market include Danisco A/S, Tate & Lyle, Sunopta Inc., Archer Daniels Midland Company, INGREDION, Roquette Frères S.A., Cargill, Huachang Pharmaceuticals, Südzucker AG Company, Kerry Group PLC, E. I. Du Pont De Nemours and Company, Frutarom Industries Ltd, Royal Cosun U.A., Tereos, Naturex, Fenchem, Wacker Chemie, Fiberstar, Taiyo International and TIC Gums.

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Market Segments

By type, inulin segment held considerable share during the forecast period. It is widely used in prepared foods, pharmaceutical products and their lower costs will aid the market growth. Based on application, animal feed segment witnessed a steady growth rate during the forecast period. Soluble fibers are being increasingly added in animal feed to boost its nutritional value and promote gut health in cattle.

Raw Materials Covered:
• Cereals & grains
• Fruits & Vegetables
• Nuts & Seeds

Types Covered:
• Oligosaccharides
• Inulin
• Resistant maltodextrin
• Beta-glucan
• Resistant starch
• Polydextrose
• Other Types

Applications Covered:
• Animal feed
• Functional foods & beverages
• Pharmaceuticals
• Other Applications

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